- A US oil trader has taken a $2bn gamble on tankers, with carriers steering clear of the Strait of Hormuz, according to the Financial Times.
- The position size of $2bn makes the trade one of the largest single wagers on oil tanker capacity tied to Middle East chokepoint risk.
- The article body sits behind a subscription gate, so the trader's identity, the vessels or contracts involved, and the position's tenor are not disclosed in the source.
Quotes
“US oil trader takes $2bn gamble on tankers as carriers steer clear of Hormuz”